Category Management Goods & Services Import 
ivalua
APRIL 13, 2021
No wonder no other objective increased in importance more according to Forrester Consulting’s study on restoring growth , with 65% saying it increased. Effectively category management, including assessing and monitoring suppliers and your risk exposure, is not possible without quality data. Extend visibility into sub-tiers.
The Procurement School
SEPTEMBER 15, 2023
Needs analysis ensures an accurate understanding of the goods / services being procured. Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs.
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ivalua
AUGUST 17, 2021
Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . However, it is important to understand the differences and varying degrees of focus between direct and indirect spend in procurement and sourcing.
The Procurement School
JUNE 25, 2023
demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategic sourcing from a category management perspective. where do public sector procurement rules come from?
The Procurement School
JANUARY 22, 2024
Rated Criteria The technical evaluation criteria needs to align clearly with the scope / performance requirements of the good / service being procured. Many times, an awarded technical procurement is given to a generalist to implement and it is important that they understand the procurement requirements.
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